Episode Details
| Title | Matt Perelman & Alex Sloane - The Art of Franchise Investing - [Invest Like the Best, EP.393] |
|---|---|
| Date | 10/15/2024 |
| Podcast | Invest Like the Best with Patrick O'Shaughnessy ↗ |
Key Insights
Bullish:
- 🟢 $AUTOSERV - Bullish on auto services businesses due to the aging car fleet in the US and the critical nature of these services, particularly those paid for by insurance companies.
- “We love auto services businesses that take advantage of the fact that the US has an 11 and a half year average age of car on the road. This is a car economy. There's almost as many cars in the country as there are people, and they tend to be very old.” - Matt (20:17)
- “Today, in auto services, everything we own and invest in is mission critical, and it tends to be paid for by the insurance company.” - Matt (1:21:12)
- “You look at tire retail, which is where we have a consolidation today. In fact, EVs, the torque is actually harder on your tires than non EVs. And so that's a business we believe will persist or, in some sense, benefit from EV adoption” - Alex (1:21:52)
- 🟢 $MULTIUNIT - 🔒
- 🟢 $PLNT - 🔒
- 🟢 $EARLYEDU - 🔒